{"id":14603,"date":"2026-04-23T20:46:26","date_gmt":"2026-04-23T20:46:26","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/14603\/"},"modified":"2026-04-23T20:46:26","modified_gmt":"2026-04-23T20:46:26","slug":"softbank-bets-big-on-ai-with-10b-loan-backed-by-openai-stake","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/14603\/","title":{"rendered":"SoftBank Bets Big On AI With $10B Loan Backed By OpenAI Stake"},"content":{"rendered":"<p class=\"block core-block\">SoftBank Group is pursuing a $10 billion loan backed by its stake in U.S. artificial intelligence leader OpenAI, as the firm ramps up borrowing to fund its <a href=\"https:\/\/www.benzinga.com\/markets\/private-markets\" target=\"_blank\" rel=\"nofollow noopener\">expansion into AI.<\/a><\/p>\n<p class=\"block core-block\">Following the announcement, credit-default swaps rose by about 10 basis points, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-04-23\/softbank-seeks-10-billion-margin-loan-backed-by-openai-shares\" target=\"_blank\" rel=\"nofollow noopener\">Bloomberg.<\/a> The increase brings it to roughly 360 basis points, nearing March&#8217;s one-year high of 376 basis points.<\/p>\n<p class=\"block core-block\">The $10 billion margin loan\u2014a revolving line of credit that allows a firm to borrow cash to finance additional investments\u2014would have a two-year term. Under its terms, SoftBank would have the option to extend the loan for an additional year, sources told Bloomberg.<\/p>\n<p class=\"block core-block\">Softbank has previously made large <a href=\"https:\/\/group.softbank\/en\/news\/press\/20260227\" target=\"_blank\" rel=\"nofollow noopener\">investments<\/a> in Sam Altman&#8217;s company. The firm made an additional follow-on investment of $30 billion earlier this year, representing a 13% ownership interest in the company.\u00a0<\/p>\n<p class=\"block core-block\">&#8220;AI is transforming the world at an unprecedented pace. OpenAI is a clear leader, with world-class technology and an unparalleled global user base, and we have strong conviction in its continued growth. Through this additional investment, we will accelerate OpenAI&#8217;s research and ecosystem expansion, while advancing our own ASI strategy,&#8221; Masayoshi Son, Chairman and CEO of SoftBank Group Corp., said at the time.<\/p>\n<p class=\"block core-block\">In early March, S&amp;P <a href=\"https:\/\/www.spglobal.com\/ratings\/en\/regulatory\/article\/-\/view\/sourceId\/101673310\" target=\"_blank\" rel=\"nofollow noopener\">downgraded<\/a> SoftBank&#8217;s credit rating, citing that the additional investment would &#8220;further reduce SoftBank Group&#8217;s financial capacity.&#8221;\u00a0<\/p>\n<p class=\"block core-block\">The report added that OpenAI is one of its investments with the &#8220;weakest credit quality.&#8221;<\/p>\n<p class=\"block core-block\">&#8220;The company\u2019s investments in AI, including OpenAI, mostly involve fledgling startups and private companies that we believe are exposed to significant AI innovation risk and fierce competition. The negative outlook reflects our view that SoftBank Group\u2019s large follow-on investment in OpenAI means it will take longer than we had assumed for the company to restore the liquidity and quality of its investment assets,&#8221; the report said.<\/p>\n<p class=\"block core-block\">The artificial intelligence company is understood to be preparing to IPO <a href=\"https:\/\/www.benzinga.com\/markets\/prediction-markets\/26\/04\/51888149\/openais-20-billion-deal-sets-up-second-most-likely-ipo-after-spacex-what-do-prediction-markets-say\" target=\"_blank\" rel=\"nofollow noopener\">later this year,<\/a> with reports citing as early as October.<\/p>\n<p class=\"block core-block\">Photo: Shutterstock<\/p>\n<p><a class=\"text-sm my-4\" href=\"https:\/\/www.benzinga.com\/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">Market News and Data brought to you by Benzinga APIs<\/a><\/p>\n<p class=\"copyright\">\u00a9 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n<p class=\"block core-block\">To add Benzinga News as your preferred source on Google, <a href=\"https:\/\/google.com\/preferences\/source?q=https%3A%2F%2Fwww.benzinga.com\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"SoftBank Group is pursuing a $10 billion loan backed by its stake in U.S. artificial intelligence leader OpenAI,&hellip;\n","protected":false},"author":2,"featured_media":14604,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[8111,7776,5892,157,5891,7779,9466,11081],"class_list":{"0":"post-14603","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-openai","8":"tag-category-markets","9":"tag-category-private-markets","10":"tag-cms-wordpress","11":"tag-openai","12":"tag-pageisbzpro-bz","13":"tag-tag-artificial-intelligence","14":"tag-tag-openai","15":"tag-tag-softbank"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/14603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=14603"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/14603\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/14604"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=14603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=14603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=14603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}